Insider: The Bank of Japan is very likely to maintain its policy guidance, promising to continue raising interest rates.

robot
Abstract generation in progress
Mars Finance news: On July 24, a source said the Bank of Japan’s focus is shifting to whether companies will pass on persistently rising cost pressures to households, and that it will continue to warn at next week’s policy meeting that inflation could remain above the 2% target level for a long time. The source said the Bank of Japan is expected to indicate that the risk of short-term inflationary shocks driven by higher oil prices has eased compared with April, but overall price pressure still needs to be watched. In addition, the Bank of Japan is likely to maintain its current policy guidance, continuing along the rate-hike path. The market expects the Bank of Japan will decide the pace of subsequent monetary policy adjustments based on wage growth, service prices, and corporate pricing behavior.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned